Home > Business models, Collaboration, Economic Development, Industry, Innovation Clusters, University > Lockheed Martin Partners with Universities to Support DOD Small Business and Academic Research Programs

Lockheed Martin Partners with Universities to Support DOD Small Business and Academic Research Programs

Called the Lockheed Martin Innovation Marketplace, the program will support private sector and academic sector technologists in participating in the Department of Defense’s Small Business Innovation Research (SBIR), Technology Transfer (STTR) and Mentor Protege programs.

From PRNewswire:

HUNTSVILLE, Ala., Aug. 17, 2011 /PRNewswire/ — Lockheed Martin (NYSE: LMT) today announced that it is partnering with three universities to establish a program in Huntsville, Ala., that will support small businesses and universities participating in federal technology programs.

Called the Lockheed Martin Innovation Marketplace, the program will support private sector and academic sector technologists in participating in the Department of Defense’s Small Business Innovation Research (SBIR), Technology Transfer (STTR) and Mentor Protege programs. Collaborating with Lockheed Martin Space Systems Company are Auburn University, Auburn, Ala., Tuskegee University, Tuskegee, Ala., and University of Alabama in Huntsville.

“Working together, Lockheed Martin and our university partners will further increase our active support of Department of Defense programs for small business and academic technology research,” said John W. Holly, vice president of Missile Defense Systems, Lockheed Martin Space Systems Company. “This local-level initiative will provide national-level benefits by helping bring more cutting-edge technologies into the systems our war fighters rely upon to defend our country…”

Read full press release [web]

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